**CHARISMATIC PRAYER MINISTRY**
(A CHARIABLE INCORPORATED ORGANISATION)
## **ANNUAL REPORT AND**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31[st] DECEMBER 2023**
CHARITY REGISTRATION NUMBER: 1159403
## **AMOEBA ASSOCIATES**
Derwent House Broad Street Kingswinford West Midlands DY6 9LP
|**CONTENTS**
COMPANY INFORMATION
DIRECTORS’ REPORT
INDEPENDENT EXAMINERS’ REPORT
INCOME AND EXPENDITURE ACCOUNT
BALANCE SHEET
NOTES TO THE FINANCIAL STATEMENTS|**PAGE NO.**
3
4 - 5
6
7 - 8
9
10|
|---|---|
2
## **COMPANY INFORMATION**
CHARITY REGISTRATION NO: 1159403
TRUSTEES: Mr P Pinkrah Mr A. Nartey Mr F. Okyere-Darko
GOVERNING DOCUMENT: Memorandum & Articles of Association incorporated on the 28[TH] November 2014.
PLACE OF WORSHIP: Studio 116 Sunbeam Studios Sunbeam Street Blakenhall Wolverhampton West Midlands WV2 4PF
ACCOUNTANTS: Amoeba Associates Ltd Derwent House Broad Street Kingswinford West Midlands DY6 9LP
3
## **DIRECTORS’ REPORT**
The Board present their annual report and independently reviewed Financial Statements for the year ended 31[st] December 2023.
The organisation secured full charity registration on 28[th] November 2014.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is constituted as a Charitable Incorporated Organisation. The Trustees deem that the company is not subject to Corporation Tax.
Governing document: Constitution & Charitable Trust Deed of Association under the name “Charismatic Prayer Ministry”. This name was changed from “Triumphant Charismatic Prayer Ministry (TCPM)” on 26 November 2016 by special resolution. The trustees all provide their services free of charge. They have a wide range of skills and experience in Christian ministry, and management in the public, private and voluntary sectors.
The trustees set the overall policy and direction of the Charitable Company.
## **OBJECTS AND ACTIVITY**
The principal object of CPM is:
- (a) the proclamation and furtherance of the Gospel of Jesus Christ our Lord and the preaching and teaching of the Word of God in accordance with the Essential Doctrines and Articles of Belief set forth in the Schedule hereto;
- (b) the promotion of the general education of children of primary and secondary school age and in particular the education and nurturing of such children in Christian principles and standards.
All activities of the charity are for public benefit.
## **ACTIVITIES FOR CARRYING OUT OBJECTIVES**
- Weekly meetings
- Conferences & events
- `o` Provision of welfare support to individuals
- Missionary activities and evangelism
- Provision of support to other charities
## **ACHIEVEMENTS AND PERFORMANCE**
In the year under review, CPM engaged in various activities for the benefit of its members and the general public.
The year saw the church continue to develop our educational support service to children also gained traction, with OFSTED registration. A review of the long-term standing of the organisation with other partners, is also under consideration.
## **FUNDING AND FINANCE REVIEW**
The charitable organisation was funded purely from contributions and donations from its members and these funds are retained in a UK bank.
4
29[th] October 2024
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Dear Sirs,
## Independent Examiner’s Report to the Trustee-Directors of CHARISMATIC PRAYER MINISTRY (TCPM)
I report on the accounts of the Charity for the year ended 31[st] December 2023, which are set out on pages 3-5 and 7-10.
## _Respective responsibilities of trustees and examiner_
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) (as amended by the Charities Act 2006) does not apply. It is my responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43(7)(b) of the Act, whether particular matters have come to my attention.
## _Basis of independent examiner's report_
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## _Independent examiner's statement_
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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## **Mr E M B Mills**
Midlands & North Office, Derwent House, Broad Street, Kingswinford, West Midlands. DY6 9LP Email: AmoebaPartnership@tiscali.co.uk Tel/Fax: +44 (0) 845 643 5894 Mobile: +44 (0) 7886 718 215
**Date:** 27/10/2024 **Time:** 19:13:42
**Page:** 1
## **Charismatic Prayer Ministry (CPM) Profit and Loss**
|Month 10, October 2023
Month 12, December 2023
**From:**
**To:**
Default Layout of Accounts
**Chart of Accounts:**
**Period**
**Sales**
Donations
1,260.00
Other Income
0.00
1,260.00
**Purchases**
0.00
**Direct Expenses**
Charitable Expenditure - Stock for Charity Shop
249.00
249.00
**Gross Profit/(Loss):**
1,011.00
**Overheads**
Support Costs - Rent and Rates
1,769.50
Support Costs - Travelling Expenses
23.10
Support Costs - Printing and Stationery
114.00
Management & Admin - Gross Wages
0.00
Management & Admin - Professional Fees
0.00
1,906.60
**Net Profit/(Loss):**
(895.60)|**Year to Date**
4,680.00
1,237.72
369.12
5,161.62
63.10
914.00
100.00
200.00|5,917.72
0.00
369.12|
|---|---|---|
|||5,548.60
6,438.72|
|||(890.12)|
**Date:** 27/10/2024 **Time:** 19:11:43
**Page:** 1
## **Charismatic Prayer Ministry (CPM)**
## **Prior Year Report**
**From:** Month 10, October 2023 **To:** Month 12, December 2023
## **Chart of Accounts:**
Default Layout of Accounts
|||**Period**||||**Year to Date**|||
|---|---|---|---|---|---|---|---|---|
||**Actual**|**Ratio**|**Prior Yr**|**Variance**|**Actual**|**Ratio**|**Prior Yr**|**Variance**|
|**Sales**|||||||||
|Donations|1,260.00|100.00|1,789.77|(529.77)|4,680.00|79.08|5,454.77|(774.77)|
|Other Income|0.00|0.00|0.00|0.00|1,237.72|20.92|1,098.56|139.16|
||1,260.00|100.00|1,789.77|(529.77)|5,917.72|100.00|6,553.33|(635.61)|
|**Purchases**|||||||||
||0.00|0.00|0.00|0.00|0.00|0.00|0.00|0.00|
|**Direct Expenses**|||||||||
|Charitable Expenditure - Stock for Charity|249.00|19.76|0.00|249.00|369.12|6.24|0.00|369.12|
||249.00|19.76|0.00|249.00|369.12|6.24|0.00|369.12|
|**Gross Profit/(Loss):**|1,011.00|80.24|1,789.77|(778.77)|5,548.60|93.76|6,553.33|(1,004.73)|
|**Overheads**|||||||||
|Support Costs - Rent and Rates|1,769.50|140.44|1,215.56|553.94|5,161.62|87.22|4,746.23|415.39|
|Support Costs - Travelling Expenses|23.10|1.83|0.00|23.10|63.10|1.07|98.00|(34.90)|
|Support Costs - Printing and Stationery|114.00|9.05|0.00|114.00|914.00|15.45|340.46|573.54|
|Support Costs - Maintenance|0.00|0.00|39.99|(39.99)|0.00|0.00|132.93|(132.93)|
|Management & Admin - Gross Wages|0.00|0.00|150.00|(150.00)|100.00|1.69|150.00|(50.00)|
|Management & Admin - Professional Fees|0.00|0.00|363.00|(363.00)|200.00|3.38|473.00|(273.00)|
|Management & Admin - Bad Debt|0.00|0.00|0.00|0.00|0.00|0.00|80.00|(80.00)|
||1,906.60|151.32|1,768.55|138.05|6,438.72|108.80|6,020.62|418.10|
|**Net Profit/(Loss):**|(895.60)|(71.08)|21.22|(916.82)|(890.12)|(15.04)|532.71|(1,422.83)|
**Date:** 27/10/2024 **Time:** 19:26:48
**Page:** 1
## **Charismatic Prayer Ministry (CPM) Balance Sheet**
|**From:**
Month 1, January 2023
**To:**
Month 12, December 2023
**Chart of Accounts:**
Default Layout of Accounts
**Period**
**Fixed Assets**
Office Equipment
0.00
0.00
**Current Assets**
Deposits and Cash
300.00
VAT Liability
0.00
300.00
**Current Liabilities**
Creditors : Short Term
455.20
Bank Account
734.92
1,190.12
**Current Assets less Current Liabilities:**
(890.12)
**Total Assets less Current Liabilities:**
(890.12)
**Long Term Liabilities**
0.00
**Total Assets less Total Liabilities:**
(890.12)
**Capital & Reserves**
Funds
0.00
(890.12)
P & L Account
(890.12)|**Year to Date**
2,584.94
2,584.94
6,410.01
80.92
6,490.93
455.20
1,502.27
1,957.47
4,533.46
7,118.40
0.00
7,118.40
8,008.52
(890.12)
7,118.40|
|---|---|
**Date:** 27/10/2024 **Time:** 19:12:59
**Page:** 1
**Charismatic Prayer Ministry (CPM) Period Trial Balance**
## **To Period:** Month 12, December 2023
|**N/C**
0030
1200
1230
2109
2201
3200
3220
4000
4001
4801
6202
7000
7200
7305
7809
7901|**Name**
Office Equipment
Bank Current a/c
Petty Cash
Accruals
VAT on Vatable Purchases
Restricted Funds
Unrestricted Funds
Donations Received
Donations Received -Non Gift Aid
Tax Reclaimed
Miscellaneous Purchases
Rent
Travelling
Books, Instruments, etc.
Honorarium
Audit and Accountancy Fees
**Totals:**|**Debit**
2,584.94
6,410.01
80.92
369.12
5,161.62
63.10
914.00
100.00
200.00
15,883.71|**Credit**
1,502.27
455.20
4,327.28
3,681.24
1,730.00
2,950.00
1,237.72|**Credit**|
|---|---|---|---|---|
||||15,883.71||